Which statement is correct? The underwriters pay the spread. Taxes are an indirect underwriting cost. Seasoned equity offerings (SEOs) tend to be less costly than IPOs. Straight bonds are more costly to issue than convertible bonds. The total direct cost as a percentage of gross proceeds for an IPO tends to decrease as the size of the offer decreases.

The statement that Straight bonds are more costly to issue than convertible bonds is true

Explanation:

Convertible bonds are bonds issued by a cooperation to a bondholder and this bond can be converted to shares in the company's stock when the bond holder decides to do that. these kind of bonds are easier and cheaper to issue when compared to straight bonds because of its lower interest rate.

Straight bonds have higher yields when compared to the yields generated from convertible bonds and this in turn makes it more costly to issue because the higher the yield a bond can offer the costlier the issuing of that bond in the financial market.

c.

explanation:

regressive tax taxes the poor and less of the wealthy. this the rich get richer and the poor get more poor. this would create a large wealth gap.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi